Sunday, December 11 2016

VietNamNews

China defence spending to rise '7 to 8 per cent' in 2016: official

Update: March, 04/2016 - 11:23

BEIJING – China will raise its defence spending by 7 to 8 per cent this year, a top official said on Friday..

"China's military budget will continue to grow this year but the margin will be lower than last year's and the previous years," said Fu Ying, spokeswoman for the National People's Congress.

"It will be between seven to eight per cent."

The exact figure will be released in a budget report on Saturday. China's defense budget rose by 10.1 percent last year. AFP/XINHUA


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